How can the maritime industry power such floating giants, the global shipping fleet which enables a complex web of logistics, while eliminating its carbon footprint? Now that is the billion-dollar question for an industry which is responsible for the transport of almost everything that we use. At Ocean Dynamex, we investigate various solutions, and we question every gap to reach out a trajectory that would survive the test of time, economies of scale and compatibility with the future of opportunities. In this report, we provide an insight and foresight for the development of natural gas as marine fuel from the perspectives of environmental, economic and engineering performance.
Our recent study on the use of natural gas as a marine fuel sheds light into various questions regarding the LNG market, emission characteristics, environmental gain, LNG bunkering and the future of LNG fuel.
Contents
Nature of Natural Gas and LNG Market | LNG and LNG Bunker Prices | Commoditization of LNG | Particulars of Competing Fuels | Environmental Impact of LNG | Ship Emission with LNG Fuel compared to VLSFO | Methane Slip & Methane Emissions in general | Well-to-Tank Emission Characteristics | LNG Bunkering